Does The “Perfect Save Rate” Exist? I Figured It Out
The Money with Katie Show
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How to Calculate Your Ideal Save Rate
Katie Couric: How do save rates translate to years until retirement? She says it doesn't matter how much you make, the answers are all proportional. Her theory is that there's a point at which saving additional income does not meaningfully impact your future happiness but begins to negatively impact your present happiness. For example, someone who earns $100,000 will reach their relative retirement numbers in 26 years if they both have a 25% save rate.
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